Markets waver as SK Hynix’s U.S. IPO looms big

U.S. stocks opened mixed ahead of SK Hynix’s record US listing, the largest-ever foreign IPO, with the Dow up about 0.1%, the S&P 500 flat, and the Nasdaq down roughly 0.2 as chip names tug on tech shares. Oil prices also edged higher near $72 for WTI and over $76 for Brent amid renewed Middle East tensions and slower traffic through the Strait of Hormuz. Delta Air Lines fell on higher fuel costs, though it beat earnings estimates and reinstated full-year guidance.